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The EU Preferential trade guidance on the rules of origin: short explaantions and its impact on the AEO management
The European Commission (TAXUD) released on March 2025 the “Preferential trade guidance on the rules of origin” which provides with the full picture of the EU preferential origin legal framework. What does mean “preferential origin”? it is the status which certifies the compliance of the goods with the rules of origin (or list rules either Product Specific Rules of Origin [PSR]) and others laid down by the free trade agreements inked by the European Union and third countries. The rules of origin can be divided into groups: Wholly obtained products: where only one country or territory is involved in the manufacture of both materials and products; Sufficiently worked or processed…
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Published the European decision for the approval of the FTA with New Zealand. After the ratification of New Zealand, does a sustainable trade will take over?
The decision of the European Council 2024/244 of 27 November 2023 on the conclusion, on behalf of the Union, of the Free Trade Agreement between the European Union and New Zealand, lays down that “…Free Trade Agreement between the European Union and New Zealand (‘the Agreement’) is hereby approved on behalf of the Union…”. This decision has been published on 28 February 2024. From the other side, it is interesing to undeline that New Zealand needs to pass implementing legislation in order to ratify the agreement. In the official web site of the New Zealand Government it is declared: “…A significant milestone in ratifying the NZ-EU Free Trade Agreement (FTA)…
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EU Parliament, circular economy and import export flow
On 25.04.2023 the EU Parliament published a short report about the circular economy where it is stated that: “…The circular economy is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. In this way, the life cycle of products is extended…”. Moreoever, this report, about the need of reduction of raw material dependence, hilights that The world’s population is growing and with it the demand for raw materials. However, the supply of crucial raw materials is limited; Finite supplies also means some EU countries are dependent on other countries for their raw materials. According to Eurostat,…